Crop-loss band · Florida
Cotton in Florida
- 1.89Low end of the filed band
- 2.18Middle of the filed band
- 2.64High end of the filed band
- 2018Worst year filed (3.38)
- 10Years filed
Every year the Risk Management Agency has filed for Cotton in Florida, summed across the 11 counties that insure it. The annual loss ratio — indemnity divided by premium — runs from 1.89 at the low end to 2.64 at the high end, with 2.18 in the middle. The worst year filed is 2018, at 3.38.
- $45,410,561Premium filed
- $110,185,815Indemnity paid
- $182,645,766Liability insured
- 2,942Policies
- 2,941Policies with a loss
- 336,893Quantity planted
- 468,513Quantity lost
Cotton in Florida, year by year
| Year | Premium | Indemnity | Liability | Policies | Policies with a loss | Loss ratio |
|---|---|---|---|---|---|---|
| 2015 | $1,563,363 | $3,162,951 | $5,778,593 | 186 | 186 | 2.02 |
| 2016 | $1,095,990 | $2,546,081 | $4,192,817 | 79 | 79 | 2.32 |
| 2017 | $3,141,356 | $6,372,645 | $11,357,368 | 207 | 207 | 2.03 |
| 2018 | $6,527,214 | $22,055,255 | $29,762,966 | 399 | 398 | 3.38 |
| 2019 | $2,686,783 | $5,421,759 | $9,000,615 | 190 | 190 | 2.02 |
| 2020 | $6,175,791 | $16,064,749 | $29,896,743 | 449 | 449 | 2.60 |
| 2021 | $4,204,721 | $10,597,646 | $18,053,992 | 228 | 228 | 2.52 |
| 2022 | $8,482,273 | $16,073,461 | $30,870,094 | 432 | 432 | 1.89 |
| 2023 | $5,622,347 | $12,272,783 | $22,657,641 | 340 | 340 | 2.18 |
| 2024 | $5,910,723 | $15,618,485 | $21,074,938 | 432 | 432 | 2.64 |
Every county-crop the agency files in Florida → Buy one county-crop’s dossier →
Figures from the federal source files: EPA’s ECHO downloads, CMS provider files and the FMCSA census.
County cause-of-loss figures from the USDA Risk Management Agency’s Cause of Loss Summary of Business, county files, summed to the commodity and state. The loss ratio is the agency’s own published column, re-derived at this grain.